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Property profile & analytics
OFF-MARKET
Warehouses

115 Main St Osage, IA 50461-1008

576 SF 0.27 ac lot Built 2009
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-1749164
Property summary
AI-generated overview

This exceptional turnkey business opportunity in Osage, IA, presents a rare chance to acquire a thriving multi-faceted establishment. Located at 115 Main Street, this 6,409 square foot property sits on a 0.76-acre lot, boasting a prime highway location with ample parking and a convenient drive-through/take-out lane. The building features a spacious dining room with seating for over 100 patrons, a separate ice cream/coffee shop with additional seating, and a full bar equipped with chilled beer tappers. A state-of-the-art kitchen and extensive food preparation equipment are included, ensuring seamless operation. The property also includes indoor and basement storage areas, an outdoor garage, a carport, and a separate shop/storage/retail building, offering significant versatility and expansion potential. The expansive covered, finished concrete, fenced patio provides additional outdoor seating and ambiance. The well-appointed bathrooms add to the overall comfort and convenience. The asking price of $579,000 includes all real estate, equipment, and fixtures, presenting a complete and profitable business package ready for immediate operation. This is a truly unique opportunity to own a well-established and successful business in a desirable location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2009
Construction FRAME
Total area 576 SF
Lot 0.27 ac (11,616 SF)
APN 1023453004
UPID US25-1749164
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kwik Serve & Locals On Main Bar & Pub Restaurant
  • Maple Leaf on Main Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Steven J O'hara · 2 yrs held
Steven J O'hara
since 2023
Last sale
$340,000
5 recorded transactions
2025
Price N/A
2023
$340,000
2020
Price N/A
2011
$60,000
2006
$143,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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